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    1835 Wilson St Hollywood, FL 33020

    For Sale
    $5,700,000

    50-bed assisted living facility generating $1.82M annual gross income.

    Lot size:
    0.56 Acres

    Property Features for 1835 Wilson St

    General Information

    Lot size
    0.56 Acres

    Building Details

    Year built
    1969

    Source: Fausto Commercial Realty Consultants Inc Agent Elior Levi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hollywood Assisted Living Facility For Sale

    This is a 50-bed licensed Assisted Living Facility located in Hollywood, Florida. The turnkey operation generates $1.82M in annual gross income. The offering includes an additional property behind it, combining for a total building size of 10,147 square feet on a 24,422 square foot lot. The facility is fully occupied and professionally managed, delivering consistent cash flow. Its central location provides convenient access to Downtown Hollywood, I-95, Fort Lauderdale-Hollywood International Airport, and Hollywood Beach.
    Insight Report Location Intelligence

    Current Use by Public Records

    Merriment Assisted Living ... Assisted Living Facility Emerald Park Retirement Home

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Victorian Meadows Residence, Sunny Days Assisted Living Facility, Sunny Days Assisted Living, ALF Boss - ALF Core Training, Lincoln Manor

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1445945
    Latitude
    26.0274119

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    FAQs

    What type of property is this?
    Assisted living facility - 50-bed assisted living facility generating $1.82M annual gross income.
    Where is this assisted living facility located?
    The property is located at 1835 Wilson St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $5,700,000.
    What are key features of this property?
    This property features: - Turnkey 50-bed licensed Assisted Living Facility generating $1.82M in annual gross income.; - 9.62% going-in cap rate offers a strong investment return.; - Includes additional property at 1828 Harding St, totaling 10,147 SF on a 24,422 SF lot.
    (954) 743-7594
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    1835 Wilson St Hollywood, FL 33020
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    Hollywood, FL 33020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1835 Wilson St Hollywood, FL 33020
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